Chainlink Whales Go on $263M LINK Buying Spree, Signaling Potential Price Reversal
Chainlink's largest holders have shifted from distribution to accumulation, adding 20.46 million LINK ($263 million) since November. Santiment data reveals the top 100 wallets are now hoarding the oracle network's tokens—a MOVE historically preceding price stability rallies when demand rebounds.
The on-chain analytics platform notes this marks a strategic reversal after whales offloaded positions earlier in 2025. Reduced liquid supply could create upward pressure if institutional interest in decentralized oracle services accelerates.